Strategy
Venezuela sends $100 million in gold to the US
Seetao 2026-03-11 10:04
  • Trusting the United States can lead to national hardship at best, and national demise at worst.
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With the world's largest crude oil reserves and abundant gold resources, Venezuela is becoming yet another example of the resource curse under the great power game. This South American nation is being "drained" by long-term economic blockade and external intervention, its resources continuously flowing out amidst turmoil; last Friday, $100 million worth of gold was shipped to the United States.

Oil and gold advance after Venezuela; FTSE jumps: Markets Wrap -  InvestmentNews

Venezuela's national sovereignty is silently eroding; while Iran's missiles piercing the Middle Eastern night sky proclaim a different logic of survival. Iran's powerful counterattack not only shattered the US strategic layout in the region but also created a stark "mirror image."

Year of the metals: Venezuela tensions send gold and silver soaring

Iran's partial victory sends a signal to the world: even when surrounded, the ability to transform resources into a "dagger" remains key to safeguarding national sovereignty. For Venezuela, finding its own "dagger" amidst its exploitation is becoming an urgent issue concerning its survival.

Faced with external pressure and injustice, only through relentless struggle can it defend its national dignity and sovereignty and win true independence and a bright future.Editor/Cao Tianyi

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